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sveta
2 days ago
5

Do you believe initiative is an important quality? Defend your answer.

Business
2 answers:
Katen [3.2K]2 days ago
8 0

Response: Absolutely

Justification:

Possessing initiative is essential for everyone, particularly for the youth. It reflects accountability and the ability to independently begin a task and ensure its completion. Initiative is a trait that many employers value in their employees

marusya05 [3.4K]2 days ago
3 0

Taking initiative is crucial as it demonstrates a desire to accomplish tasks successfully and autonomously. A deficiency in initiative can indicate laziness or a lack of self-confidence in one's abilities.

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Your investment bank has an investment of $100 million in the stock of the Swiss Roll Corporation and a short position in the st
stepan [3267]

Answer:

Greetings, your inquiry seems to lack detail; below is the full question along with the missing table

Your investment bank has allocated $100 million in stocks of the Swiss Roll Corporation while holding a short position in Frankfurter Sausage Company. The recent stock price history for both companies is as follows: based on the last six months, how much should your short position in Frankfurter Sausage be to adequately hedge against fluctuations in the Swiss Roll stock price?

response: $42003667

Clarification:

$100 million invested in stocks

Utilizing the data presented in the attached table below, the calculation to short Frankfurter in order to hedge the investment in Rolls is as follows

we must determine the total returns for both the Roll corporation and Frankfurter Sausage

for f-sausage

∑ (1 + monthly returns ) / 100

= ( 1 - 0.1 + 1 - 0.1.... + 1 + 0.1 ) = -0.0297 = -2.97%

for Roll corporation

∑ (1 + monthly returns ) / 100

= ( 1 - 0.1 + 1 - 0.05.... + 1 + 0.1 ) = -0.012475 = - 1.24%

next we will compute the total loss incurred from investing in Roll corporation

Total loss = percentage loss * total investment

                 = 0.012475 * $100 million  =  - $ 1247500

we will need to compensate for the loss by shorting investments in F sausage

thus: $1247500 = investment in sausage * total return

             1247500 = investment in sausage * 0.0297 ( The total return of F sausage is positive because it was a short position )

therefore, to cover the loss from the ROLLS INVESTMENT by shorting F sausage

= 1247500 / 0.0297 = $42003667

8 0
13 days ago
Francis, Inc. acquired 40% of Park's voting stock on January 1, 2020 for $420,000. During 2020, Park earned $120,000 and paid di
Nady [3258]
The correct answer is b. $444,000.
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19 days ago
You are reviewing your client's Multicurrency company Balance Sheet, and the balance as of the previous fiscal year-end for thei
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1. A journal entry must be created that debits a foreign exchange gain or loss of $10 while crediting the Canadian bank account for the same amount. 4. As of today's date, a home currency adjustment must be made for the Canadian bank account. Explanation: This discrepancy stems from a foreign exchange loss. Companies operating internationally often experience gains or losses due to currency fluctuations. For instance, when preparing financial documents, you might convert Canadian dollars into your local currency, which is US dollars in this case. Subsequently, if the exchange rate shifts, and the value of the Canadian dollar rises post-conversion, an adjustment is required to reflect that gain. Conversely, if the Canadian dollar's value drops after conversion, as occurred here, then a loss has to be recorded, necessitating an adjusting entry. To rectify this, you should: Dr Foreign exchange gain/loss 10 Cr Canadian bank account 10.
4 0
9 days ago
Since the 2008 global financial crisis, the B/L ("bill of lading") of container shipments from Asian factories to the United Sta
stepan [3267]

Answer:

A Bill of Lading (BOL) serves as the official document handed to a shipping organization by the carrier, which details various aspects of the product. The primary reason BOLs are collected at entry ports is because these documents are received at the port initially, as it's where goods are brought into the country before being sent to inland regional distribution centers (RDCs). Moreover, products must cover customs duties and navigate various customs regulations.

8 0
21 day ago
The three ways to identify an opportunity include ________. reading books, solving a problem, and findings gaps in the marketpla
Katen [3220]
There are three primary ways to spot an opportunity: <span>by observing trends, addressing problems, and identifying gaps within the marketplace.
Observing trends entails gaining insight into the current behaviors of individuals within a potential market, addressing problems relates to discovering what is in high demand in that market at present, and identifying gaps involves checking if a supplier exists that offers that product to consumers.</span>
6 0
15 days ago
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